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Business Maverick: Wednesday May 8: Five Things You Need to Know to Start Your DayU.S. stocks plunged on President Trump’s tariff threats, and Asian equities are poised to follow. Christine Lagarde finds Trump’s presidential tweets “unfavorable.” And it’s shaping up to be a record year for bond defaults in China. Here are some of the things people in markets are talking about today.
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Business Maverick: Friday, May 10: Five Things You Need to Know to Start Your DayChina and U.S. trade representatives meet in Washington to try to salvage a deal before tariffs go up at midday Hong Kong time, Uber’s IPO is set to become one of the 10 largest U.S. listings, and a new North Korean missile launch suggests trouble for nuclear talks. Here are some of the things people in markets are talking about today.
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Business Maverick: Thursday May 9: Five Things You Need to Know to Start Your DayU.S. stocks fluctuated but ended with a flop as Washington and Beijing offered conflicting messages on trade. Futures in Asia pointed lower, too. The U.S. tightened the screws on Iran after its ultimatum to Europe. And the U.S. Secretary of State slaps a stunner on Britain. Here are some of the things people in markets are talking about today.
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BUSINESS MAVERICK: Five post-election economic milestones to watchUnless the government adopts market-friendly economic policies that stimulate growth and job creation, the 2024 national election is likely to be a fraught affair. What are the five milestones that investors will take comfort from after the 2019 election? Insightful article. 👌
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Business Maverick: Bitcoin Climbs Above $7,000 as Cryptocurrency Rally ExtendsBitcoin climbed to the highest since September, briefly surpassing $7,000, as a rally in cryptocurrencies gathered pace in trading over the weekend.
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Business Maverick: Ex-Fugees Rapper Poised to Be Charged in Case Tied to Obama Funding, 1MDBFederal prosecutors are expected to charge former rap star Pras Michel as soon as Friday with campaign-finance violations related to President Barack Obama’s 2012 re-election campaign, according to two people briefed on the matter.
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BUSINESS MAVERICK: AngloGold Ashanti puts a for sale sign on the world’s deepest mineAfrica’s top gold producer, AngloGold Ashanti, is putting the last of its South African assets up for sale. Anglo American exited from gold years ago and looks like it is here to stay as it makes money from platinum, iron ore and diamonds. But the last of the bullion assets linked to its name is bound to provoke some feelings of nostalgia. Yet nothing is set in stone and not many companies have the technical ability to run Mponeng, the world’s deepest mine, which is included in the sale.
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